From decision problems to dethroned dictators
AbstractEconomic models as well as aggregation and decision problems with "holes" in the domain can be difficult to analyze because, unexpectedly, they are related to Arrow's Impossibility Theorem: embedded within the model may be "topological dictators." But, just as it is possible to remove the negative impact of Arrow's dictator by recognizing that the problem is caused by not using crucial, available information (about voter preferences), the obstacles confronting these economic decision problems can be removed by identifying what kind of available information is not being used.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Journal of Mathematical Economics.
Volume (Year): 44 (2008)
Issue (Month): 7-8 (July)
Contact details of provider:
Web page: http://www.elsevier.com/locate/jmateco
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Saari, Donald G. & Williams, Steven R., 1986. "On the local convergence of economic mechanisms," Journal of Economic Theory, Elsevier, vol. 40(1), pages 152-167, October.
- Chichilnisky, Graciela & Heal, Geoffrey, 1983.
"Necessary and sufficient conditions for a resolution of the social choice paradox,"
Journal of Economic Theory,
Elsevier, vol. 31(1), pages 68-87, October.
- Chichilnisky, Graciela & Heal, Geoffrey, 1979. "Necessary and sufficient conditions for a resolution of the social choice paradox," MPRA Paper 8495, University Library of Munich, Germany, revised 20 Oct 1981.
- Donald G. Saari, 1997. "Informational geometry of social choice," Social Choice and Welfare, Springer, vol. 14(2), pages 211-232.
- Luc Lauwers, 2009. "The topological approach to the aggregation of preferences," Social Choice and Welfare, Springer, vol. 33(3), pages 449-476, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If references are entirely missing, you can add them using this form.